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Transfer Talk: Real Madrid set to sign Ajax's Donny van de Beek for £100m

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The transfer windows in Europe's top leagues are closed, but it's never too late to look forward to January. Click here to view the latest transfers, and keep up to date with the newest gossip below.

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TOP STORY: Real set to seal Donny deal

Reports in The Mirror claim Real Madrid have swept into pole position for the signing of highly rated Ajax midfielder Donny van de Beek in a deal worth around £100 million -- just three months after Manchester United failed to secure a deal for around a third of the price.

The Dutch giants quoted Ole Gunnar Solskjaer's side a price of £35m for the Netherlands international in the summer, but the Red Devils were unable to get a deal over the line, and now the midfielder's fee has skyrocketed after interest from rival clubs intensified.

Van de Beek has emerged as one of Europe's brightest prospects since making his Ajax bow in 2015, and scored 12 times last season as his side won the Eredivisie and reached the semifinals of the Champions League.

LIVE BLOG

19.40 BST: Calciomercato cites Tuttosport as reporting that Arsenal are preparing to do battle with AC Milan for the signature of 20-year-old PSV forward Donyell Malen, with the North London club said to be willing to offer €56m.

17.47 BST: Former Manchester United defender Alexander Buttner (remember him?) is heading to MLS in 2020, to join the New England Revolution.

However the 30-year-old Dutch defender, who left Eredivisie side Vitesse Arnhem over the summer, insists that he had other options.

"There was a lot of interest this summer," he told De Gelderlander. "Vitesse wanted to keep me and there was a three-year deal on offer, but we couldn't figure it out.

"Besiktas then put in a concrete offer but that fell through. Fenerbahce, PAOK, Apoel Nicosia and Celtic were all interested. This week Rangers and Stoke City became interested. But the decision had already been made. Revolution it is."

16.30 BST: Frank Lampard is keen to offer the 31-year-old Willian a one-year-extension.

The Brazilian winger's contract ends this summer and he has yet to advance negotiations over a new one, with Juventus reportedly interested in signing him. But the report states that he is keen to stay in London, namely because he doesn't fancy playing under his former manager Maurizio Sarri in Turin.

15.12 BST: Arsenal may be looking to strengthen at the other end of the pitch, though, with the Sun claiming that Wolves defender Willy Boly is on the radar.

Boly, 28, scored a late winner against Besiktas in the Europa League last week and wouldn't cost as much as some of the options out there, given he was bought for £10m from Porto last year after a successful loan.

14.04 BST: Mesut Ozil has been left out by Arsenal manager Unai Emery again... the German playmaker could well be on the way in January.

The only problem is his £350,000-a-week wages.

13.30 BST: Don't forget to make your own transfers as you pick your team for our Premier League fantasy game! Take on your mates in head-to-head leagues, selecting a team each weekend to maximise points. Here's how to play the game, and click through to sign up.

12.39 BST: Neymar has been scoring, PSG have been winning, so do they have a problem now?

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How will Cavani and Mbappe fit back into PSG's attack?

Gab Marcotti muses over how Paris Saint-Germain will integrate their injured stars back into the lineup.

12.02 BST: Anderlecht haven't had the best of times since Vincent Kompany returned to the club as player-manager, but 17-year-old Jeremy Doku has been a bright spot.

The winger has played 14 times for the club already and is now being scouted by Chelsea and Arsenal, according to Calciomercato.

11.06 BST: Ryan Giggs knows a thing or two about Manchester United and has urged the club to make more signings in a bid to turn things around.

"They need another four or five players. He [Solskjaer] has bought in three players but he probably needs seven or eight [altogether]," he told PA. "But you can't do that over one transfer window, so you have to be patient because it will be slow.

"The culture has changed and what he is trying to do was much needed. He needs time."

09.58 BST: When the England manager speaks, as a player you usually listen. So Manchester City midfielder Phil Foden will be happy that Gareth Southgate says he shouldn't worry about going on loan just yet.

"Phil is still physically developing and I know Pep [Guardiola] recognises the quality of the player, but equally the quality of the opposition around him," the England boss said. "So I'm sure in the coming months that game time will increase as the number of matches racks up.

"I think you should always assess those things halfway through the season and towards the end of the season to see how much football they've got, and then I'm sure they'll make a decision on what's right for him as a player.

"It isn't always as straightforward as to go on loan because that is fraught with some difficulties as well at times with the style of play, different training regime, everything around him. But I know those discussions will be going on at Manchester City at the top."

He does still have to play football though, Gareth... something he is not doing at the moment.

09.00 BST: Manchester United goalkeeper David De Gea is settled now he's signed a new contract, but he has eyes on a different transfer.

Sport claims he wants to buy Spanish second division club Elche -- a task that would require £16m of his hard-earned cash to make happen.

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Why Lucas Moura should not be sat on Spurs' bench

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PAPER TALK (by James Capps)

Leicester braced for City and Chelsea Chilwell charge

Manchester City and Chelsea are set to go head to head for the signing of Leicester City full-back Ben Chilwell, with the Sun claiming the Foxes are already on the lookout for a replacement.

Frank Lampard is a big fan of the rapid progress made by the 22-year-old since his first-team debut in 2015, and is set to launch a bid for the former Huddersfield loanee when the club's FIFA transfer ban ends next summer.

Man City manager Pep Guardiola is also a long-term admirer of Chilwell, and is keen to secure a deal worth around £50m, although there is also set to be competition from clubs on the continent who are looking to join the race for the England international.

City looked at doing a deal for Chilwell last summer, but ultimately decided to keep faith in Ukrainian Oleksandr Zinchenko for this season at least.

United deny Pogba to Real ransom reports

Manchester United have denied claims that Paul Pogba and agent Mino Raiola are holding the club for ransom, with reports claiming the Frenchman is demanding a move to Real Madrid unless he is offered a new contract worth £600,000 a week.

Such a deal would give Pogba parity with the likes of Cristiano Ronaldo and Lionel Messi as the highest-earning footballers in the world, but United have insisted they haven't even spoken to the World Cup winner about a new contract, and reiterated their desire to keep hold of the player.

The 26-year-old Pogba has long been admired by Real Madrid manager and compatriot Zinedine Zidane, and Zidane was reported to have prioritised the signing of the former Juventus midfielder during the summer, but a deal failed to materialise.

Tap-ins

- Leicester City's attempts to sign Celtic playmaker Callum McGregor are set to take a blow, with the Scottish Premier League champions preparing to offer the 26-year-old a new contract at the club. Former Bhoys manager Brendan Rodgers is reportedly keen on a January swoop for the player, according to reports in the Daily Record.

- Sheffield United are plotting a January move for Brentford forward Ollie Watkins, according to reports in the Sun. Blades boss Chris Wilder is set to launch a bid worth in the region of £15 million, with Crystal Palace also rumoured to be interested in reviving previous interest in the 23-year-old.

- Inter Milan are set to cash in on striker Gabriel "Gabigol" Barbosa following the 23-year-old's stunning form on loan at Brazilian side Flamengo. The Nerazzurri value the player at around €30 million, with interest set to arrive from clubs in Spain, England and China, per reports at Calciomercato.